Lowe's Companies to open new stores in Virginia, Arizona and Kentucky

Jul 10, 2008 (Datamonitor via COMTEX) -- LOW | Quote | Chart | News | PowerRating -- Lowe's Companies, a home improvement retailer, has announced that it will open three new stores in Winchester, Virginia; Peoria, Arizona; and Shepherdsville, Kentucky.

While the Winchester store is scheduled for opening on July 25, 2008, the other two stores are scheduled for opening on July 29, 2008.

The company said that each of the home improvement stores have 117,000 square feet of retail sales space, with an adjacent garden center, stocking 40,000 different items to help customers build, improve and beautify their homes.

A store of this size represents an average investment in the community of approximately $18.5 million and creates up to 175 new jobs, the company added.

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